Financial - Telecast India

12 May

Unveiling Shadows: The Pandora Papers’ Bittersweet Revelation of 2024

Banaja Nanda0 CommentsFinancial

The Leak Heard 'Round the WorldThe Who's Who of Offshore WealthComplicity UnveiledPolitical FalloutEconomic Inequities ExposedCalls for ReformChallenges Ahead The Leak Heard 'Round the World The Pandora Papers, a colossal leak of over 11.9 million documents, have reverberated across the globe, shaking the foundations of the financial world. This unprecedented disclosure, akin to its predecessor the Panama Papers, has brought to light the clandestine dealings of the world's elite, exposing a labyrinthine network of offshore accounts, shell companies, and trusts. At the heart of this revelation is the staggering scale of wealth concealed in offshore havens by politicians, celebrities, and business…

11 May

Gold Surges in India: Discover May 11’s 22 Carat Price in Your City!

Smrutisikha Baral0 CommentsFinancial

Introduction IntroductionGold Market AnalysisSilver Market InsightsCultural Significance of Gold in IndiaInvestment PerspectiveMarket Dynamics and Consumer BehaviorThe Role of SilverConclusion City22 Carat Gold Price24-Carat Gold PriceDelhi67,71073,850Mumbai67,56073,700Ahmedabad67,61073,750Chennai67,71073,860Kolkata67,56073,700Gurugram67,71073,850Lucknow67,71073,850Bengaluru67,56073,700Jaipur67,71073,850Patna67,61073,750Bhubaneshwar67,56073,700Hyderabad67,56073,700Gold rate today in India: Retail gold price on May 11Check gold rates today in different cities on May 11, 2024; (In Rs/10 grams) On May 11, the precious metals market displayed notable trends, with gold maintaining stability while silver experienced a significant upward surge. This article explores the specifics of these developments and their implications within the Indian context, where gold holds deep cultural and economic significance. Despite market fluctuations, gold exhibited resilience on May…

04 Nov

RBI Bonds Think Twice Locking into with Rate at Their Peak

Debashish Sahoo0 CommentsFinancial, Stock Market

Floating Rate Bonds:- The Reserve Bank of India has recently increased the interest rate on Floating Rate Savings Bonds (FRSBs) to 8.1% until April 29, 2024. Additionally, subscription through its Retail Direct Portal, a web-based platform for government securities investment, is now available. However, it's crucial for conservative investors to recognize that FRSBs are typically more attractive in a rising interest rate environment. With the current peak interest rates, there is a likelihood of a decrease when the inflation outlook improves. Consequently, as interest rates fall, the coupon rates of FRSBs will also diminish. Under these circumstances, traditional bank fixed…

03 Nov

Gold Prices at $2,000 Amid Fed Rate Uncertainty

Debashish Sahoo0 CommentsFinancial, Stock Market

Introduction:- The gold market experienced a slight pause, hovering around the $2,000 mark this week. While it was expected that the Federal Reserve would maintain current interest rates, uncertainty remained regarding a potential rate increase in December. Fed Chairman Jerome Powell provided some clarity, hinting at a pause in rate hikes. This led to an 80% probability of a rate hike pause in December, a significant increase from last month's 54%. Gold Market Focus: Non-farm Payrolls and US Inflation:- This evening, the market's attention is fixated on the Non-farm payrolls data and the forthcoming US inflation figures, both carrying substantial…

03 Nov

FPIs Sold Rs 1261 Cr, DIIs Added Rs 1380 Cr on Nov 2

Debashish Sahoo0 CommentsFinancial, Stock Market

Introduction: On November 2, 2023 FPIs, foreign institutional investors (FIIs) sold shares worth Rs 1,261.19 crore. while domestic institutional investors (DIIs) added shares worth Rs 1,380.15 crore, as per provisional data from NSE. In the month up to November 2, 2023, FIIs sold shares worth Rs 3,052.07 crore, while DIIs bought shares worth Rs 1,468.84 crore. In October, FIIs offloaded shares worth Rs 29,056.61 crore, while DIIs added equities worth Rs 25,105.86 crore. FPIs Market Highlights: Fed Rates, Bond Yields, and Indian Stocks: The US Federal Reserve has opted to keep interest rates unchanged for the second consecutive time. Consequently,…

03 Nov

Stocks to checkout: Adani Enterprises, Tata Motors and more!

Debashish Sahoo0 CommentsFinancial, Stock Market

Stocks in Concentration: Gift Clever stocks started at 19,348, a 12-point dip (0.06%), signifying a tepid stock market opening. NSE Nifty 50 gained 144.10 points (0.76%) at 19,133.25; BSE Sensex rose 489.57 points to 64,080.90. On NSE, low trading volumes persisted, while broad market indices outperformed the Nifty, with the advance-decline ratio at 2.45:1. An economic stimulus package of about $113 billion was announced by Prime Minister Fumio Kishida in Japan. It's designed to ease the impact of rising inflation and address waning public support for his government. Stocks to Watch on November 3, 2023 Adani Enterprises: Adani Enterprises (AEL)…

02 Nov

“Rupee vs. Dollar: Impact and Insights”

Debashish Sahoo0 CommentsFinancial, Stock Market

In the ever-evolving landscape of global currencies, the Indian rupee made a modest gain, settling at 83.26 against the US dollar. While this may appear as just a slight fluctuation, it reflects various factors that impact the currency's valuation and, consequently, our daily lives. In this article, we'll explore what contributes to such fluctuations and their implications. Foreign Exchange Markets: rupee vs dollar Foreign exchange markets (Forex or FX markets) are where currencies are bought and sold. The value of a currency, like the Indian currency, relative to another currency, such as the US dollar, is determined by supply and…

02 Nov

“Sensex and Nifty Surge: Market Optimism”

Debashish Sahoo0 CommentsBSE, Business, Financial, SENSEX, Stock Market

SynopsisIn a display of remarkable strength, the Sensex closed above 64,000 and the Nifty surpassed 19,100, reflecting renewed investor confidence and economic optimism. This surge provides opportunities for financial growth but necessitates a prudent, diversified approach in navigating market dynamics. Market Resilience Amid Economic Optimism SENSEX The Indian stock market showcased a remarkable display of strength as the Sensex, a key benchmark index, resumed its upward trajectory after a brief two-day hiatus. It closed the session above the remarkable 64,000-point threshold. Equally noteworthy, the Nifty index, which tracks the National Stock Exchange (NSE), also witnessed substantial gains, closing above 19,100.…

02 Nov

“Britannia’s Q2 2023 Profits Skyrocket by 196%”

Debashish Sahoo0 CommentsBusiness, Financial, Stock Market

SYNOPSISBritannia Industries posted an impressive 196% increase in Q2 profit at Rs 586.50 crore, driven by innovation and cost management, reaffirming its strong presence in the Indian food industry. Britannia Industries Limited, a stalwart in the Indian food industry, has reported robust financial performance in the second quarter (Q2) of the current fiscal year. The company recorded a profit of Rs 586.50 crore during this period, representing an astounding 196% increase compared to the same quarter in the previous year. This remarkable growth in profit can be attributed to several factors, including enhanced sales, rigorous cost management, and streamlined operational…